Billion

NEW YORK (Reuters) – Global investors redeemed $26 billion from hedge funds in the third quarter, in the second consecutive quarter of net asset outflows, industry data provider HFR said …

(Reuters) – Chip-making technology provider Lam Research Corp on Wednesday warned of a $2 billion to $2.5 billion revenue hit in 2023 from U.S. curbs on exports of high-end technology …

(Reuters) – Shareholders of U.S. carrier Spirit Airlines Inc on Wednesday voted in favor of JetBlue Airways Corp’s $3.8 billion takeover offer, moving the companies closer to creating the nation’s …

SEOUL (Reuters) -Shares of South Korea’s Kia Corp reversed losses and edged up on Wednesday after the automaker said on Tuesday that its third-quarter earnings will reflect an additional provision …

NEW DELHI (Reuters) – An India-Russia joint venture that makes nuclear capable supersonic cruise missiles hopes to bag orders worth $5 billion by 2025, its chairman said on Tuesday, having …

LONDON (Reuters) -British finance minister Jeremy Hunt, seeking to quell a bond market rout, listed on Monday tax changes that he said would raise an extra 32 billion pounds ($36.16 …

LONDON (Reuters) -Vodafone and Altice launched a joint venture on Monday to challenge Deutsche Telekom by building a 7 billion euro ($6.8 billion) fibre broadband network in Germany. Vodafone said …

MILAN (Reuters) – Italy’s Monte dei Paschi di Siena launched on Monday a new share sale, its seventh in 14 years, seeking to raise up to 2.5 billion euros ($2.4 …

LONDON (Reuters) – Britain’s new finance minister Jeremy Hunt is to delay a planned reduction to the basic rate of income tax by one year after the country’s fiscal watchdog …

By David Lawder and Jorgelina do Rosario WASHINGTON (Reuters) -Pakistan’s new finance minister, Ishaq Dar, told Reuters on Friday that he will seek rescheduling of some $27 billion worth of …

By David Shepardson WASHINGTON (Reuters) – South Korea’s Hyundai Motor Co said Friday it will break ground this month on a $5.5 billion electric vehicle and battery plant in the …

JAKARTA (Reuters) – Indonesia’s trade surplus likely remained elevated in September, albeit below the level recorded in the previous month, amid a slowdown in export growth, a Reuters poll showed …

By Chen Lin SINGAPORE (Reuters) – Singapore’s Finance Ministry on Friday announced a S$1.5 billion ($1.05 billion) support package for all Singaporean households amid concerns over the rising costs of …

SHANGHAI (Reuters) – Transactions using China’s digital yuan surpassed 100 billion yuan ($13.9 billion) as of Aug. 31, China’s central bank said on Wednesday, as the country continues its roll-out …

  Jury Orders Alex Jones To Pay Nearly $1 Billion To Sandy Hook Victims’ Families Trevor Schakohl on October 12, 2022 A jury declared Wednesday that InfoWars host Alex Jones …

(Reuters) – Florida-based Universal Insurance Holdings Inc on Tuesday forecast a gross loss of nearly $1 billion from Hurricane Ian, some of which will be covered by its reinsurance program. …

  Republican Treasurers Pull $1 Billion From BlackRock Over Alleged Anti-Fossil Fuel Policies Jack McEvoy on October 10, 2022 UPDATE: This piece has been updated to include comment from a …

(Reuters) -ForgeRock said on Tuesday it will be acquired by buyout firm Thoma Bravo in an all-cash deal valued at about $2.3 billion, just over a year after the digital …

(Reuters) -Private jet service Flexjet is planning to merge with Todd Boehly’s blank-check firm Horizon Acquisition Corp. II, it said on Tuesday, in a deal that will value the combined …

ANKARA (Reuters) – The Turkish Central Bank’s net reserves rose $3 billion last week and total reserves climbed $7 billion, calculations based on preliminary data from five bankers showed on …

ZURICH (Reuters) – The amount of commercial bank cash held overnight with the Swiss National Bank fell by 30 billion Swiss francs ($30.07 billion) last week, data on Monday showed, …

BUENOS AIRES (Reuters) -The executive board of the International Monetary Fund (IMF) approved the second review for Argentina’s $44 billion extended fund facility program, the lender said on Friday, noting …

REUTERS – Large investment managers bought $23.931 billion at a 2-year note auction held in September, compared with the $24.193 billion they purchased the previous month, data from the U.S. …

KUALA LUMPUR (Reuters) – Malaysia has allocated 7.8 billion ringgit ($1.68 billion) in cash aid for low-income households and individuals, Finance Minister Tengku Zafrul Abdul Aziz said on Friday in …

Oct 7 (Reuters) – Hong Kong’s official foreign currency reserve assets stood at $419.2 billion at end-September, the Hong Kong Monetary Authority said on Friday, down 2.9 percent from $431.8 …